March 1 , 2024
Kanematsu KGK Corp.
Dear Valued Customer,

GuglerAbout the domestic sales business of small hydroelectric power generation equipment manufactured by

Dear Sir/Madam,
We hope that you are in good health and prosperity.
Thank you very much for your continued patronage.

Kanematsu KGK Corporation (hereinafter referred to as KGK) is pleased to announce that on February 20, 2024 Shizen Energy Inc. More business
Following the transfer , we will develop small hydroelectric power generation equipment with GUGLER Water Turbines GmbH ( hereinafter " Gugler ").
We have signed an agency contract for new sales in Japan.

Gugler is headquartered in Austria and has 100 years of experience in the manufacture of small hydroelectric power generation equipment.
With a history of over 100 years, we have a track record of supplying Kaplan, Francis and Pelton turbines.
We are a leading company with over 1,000 units in operation.

In the future, I will be working at KGK to handle product sales, maintenance, and after-sales service, and to meet customer needs.
At the same time, through our partnership with Gugler , we are promoting the spread of hydroelectric turbines in Japan.
By doing so, we will improve the energy mix and contribute to the realization of a carbon-neutral society.

Finally, we would like to provide you with this brief information.

Sincerely,

Record
＜Inquiries regarding this matter＞
GX Promotion Department
Manager Jun Nagawa

(Address) 15th floor, Museum Tower Kyobashi, 1-7-2 Kyobashi, Chuo-ku, Tokyo 104-8510
(Telephone) 03-5579-5866
( E-mail ) j-nagawa@kgk-j.co.jp